Binance Coin is gaining in its value while the community is trying to guess what a mysterious tweet made by Binance could mean.
Today Bitfinex enters the popular business of initial exchange offering (IEO). The first sale on the new platform called Tokinex will be announced this Thursday 23rd May.
Venezuela and Russia are discussing an option to use the Ruble and the Petro in their mutual trade settlements.
Microsoft and Sony merge to fight competition from Amazon and Google in the provision of cloud gaming services that are expected to take the gaming world by storm in the near future.
US Commerce Department issued a temporary general license that lets Huawei buy US goods to maintain existing networks and continue providing wireless services. Google is reportedly set to reverse Huawei ban as well.
On May 17, Matic Network cryptocurrency token has surged by more than 75 %. One of the main reasons could be a recently announced integration of Matic’s Plasma and PoS sidechain network with the Decentraland ecosystem and the fact that the token is funded by Coinbase Ventures.
According to the IRS, they are now working on comprehensive crypto taxation guidance, which will in-depth explore ‘acceptable methods for calculating cost basis, acceptable methods of cost basis assignment, and the tax treatment of forks’.
The breakout of Ethereum price from the triangle is imminent. Should the Bears exert more pressure, there will be a breakout at the $242 demand level with ETH targeting $227 level. In case the $242 level holds, there may be a breakout at $258 level.
While the SEC has postponed its decision on a Bitcoin ETF proposal by VanEck/SolidX, the Bitcoin community has given little attention to it as Bitcoin price largely remains stable.
In this article, we will be exploring the main reasons why IEOs may, in fact, drive a flock of new investors into the crypto market.
